A strong offshore earthquake near Vanuatu shook the Luganville area, while tsunami bulletins said no warning, advisory, watch or threat was in effect.
Business
Australia says fuel stocks remain intact nationwide even as some stations run dry, with officials moving reserves into the market to ease pressure.
The Solar Sharer Offer gives some Australian households three free daytime power hours, but the AER says savings depend on shifting usage to midday.
Australia fuel prices surge as ACCC monitors petrol market, with national unleaded averaging 181 cents a litre and remote areas near 4 dollars, as EV sales rise.
A Business Council report says Australia scores well on trade but ranks near the bottom on regulation and business taxation, prompting calls for reform.
Westpac MI consumer sentiment eased to 90.5 in February after the RBA lifted the policy rate to 3.85%, with mortgage rate expectations hitting a June 2023 high.
CEFC commits up to A$60m for discounted EV loans via Hyundai Capital Australia, cutting rates 0.5 to 1.0 points for electric cars under the LCT price threshold.
Gold surged to a record $3,963 as market demand soared amid global instability and US policy uncertainty, reinforcing its safe-haven status.
OPEC+ confirms a 137000 bpd oil production increase effective November 2025 as member nations coordinate to sustain global market stability.
Gold prices hit record highs near $3,791 per ounce as markets respond to U.S. rate cuts, dollar weakness, and strong safe-haven investment flows.
OECD lifts 2025 global growth forecast to 3.2 percent but warns U.S. tariffs, slowing demand and trade tensions could weigh on economies in 2026.
WTO says AI could boost global trade by nearly 40% and GDP by 13% by 2040 if digital infrastructure and trade policies are adapted worldwide.
President Trump confirms tariffs on imported furniture will begin in 2025, citing national security concerns and a goal to restore U.S. manufacturing.
The U.S. government has taken a 10 percent stake in Intel, converting nearly $9 billion in subsidies into stock to boost domestic semiconductor leadership.
Wall Street rallied as Powell signaled a potential September rate cut, lifting Dow over 800 points and sending S&P 500 and Nasdaq to multi-month highs.
Equinor has exited the $10 billion Hunter offshore wind farm, pausing one of Australia’s largest clean energy projects amid shifting global investment plans.
The German economy contracted 0.3% in Q2 2025, with industrial output, investment, and construction pulling down growth despite higher spending.
News
A strong offshore earthquake near Vanuatu shook the Luganville area, while tsunami bulletins said no warning, advisory, watch or threat was in effect.
Australia jobless rate reached 4.3 percent in February with 35000 more unemployed even as employment rose by 49000 driven by part time job growth.
Lake Joondalup has opened a new bird viewing platform and boardwalk, giving visitors accessible wetland access at one of Perth’s key urban lakes.
NSW gun licence data and national survey figures have renewed focus on whether genuine reason rules are being applied as Australia tightens firearms laws.
Health
Travel
Spirit Airlines warns of possible shutdown within 12 months, citing weak demand, oversupply and cash shortfall despite emerging from bankruptcy in March.
U.S. State Department introduces visa bond program, targeting B-1 and B-2 visa applicants from high-risk nations with up to $15,000 entry bonds.
Las Vegas tourism dropped 11.3% in June as visitors recoil from soaring prices, luxury pivots, and rising visa fees impacting international travel
IATA reports 4.6% global passenger traffic growth in August 2025, with record load factor and strong international air travel demand.
Technology
Sports
Automotive
Nissan tests self-driving Ariya EV on Tokyo streets using AI, LiDAR, and radar, showcasing urban navigation tech ahead of a 2027 Japan market launch.
Lotus has launched global production of the Evija, a 217 mph all-electric hypercar producing 2,039 PS, making it the fastest EV of its kind now in production.
Cadillac’s Elevated Velocity concept merges electric V-Series performance with off-road versatility, debuting a high-luxury crossover at The Quail 2025.
US automakers rethink EV plans as Trump ends incentives, drops emissions rules, and boosts profitability for gas-powered trucks and SUVs.
